{"id":10237,"date":"2023-12-14T04:14:04","date_gmt":"2023-12-14T04:14:04","guid":{"rendered":"https:\/\/imsfund.com\/?p=10237"},"modified":"2023-12-14T04:14:04","modified_gmt":"2023-12-14T04:14:04","slug":"every-strategy-i-used-to-build-my-portfolio-for-financial-independence","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2023\/12\/14\/every-strategy-i-used-to-build-my-portfolio-for-financial-independence\/","title":{"rendered":"Every Strategy I Used To Build My Portfolio for Financial Independence"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div :class=\"{ 'hidden': $store.proContent.showFullPrompt() }\">\n<section class=\"px-4 relative border border-slate-200 mobile-toc lg:hidden\" x-data=\"{open:false}\">\n<button x-on:click=\"open = !open\" class=\"flex items-center gap-4 my-2 border-none w-full\"><br \/>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"h-6 w-6\" fill=\"none\" viewbox=\"0 0 24 24\" stroke=\"currentColor\" stroke-width=\"2\"><path stroke-linecap=\"round\" stroke-linejoin=\"round\" d=\"M4 8h16M4 16h16\"\/><\/svg><\/p>\n<p class=\"font-semibold text-slate-800 text-base m-0 js-toc-ignore\">In this article<\/p>\n<p><\/button><\/p>\n<\/section>\n<p><span data-preserver-spaces=\"true\">You may not be familiar with modern portfolio theory, but you probably know its core tenet: Investors should diversify among uncorrelated assets to maximize returns while minimizing risk.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Soren Godbersen at EquityMultiple makes a strong case that if you subscribe to modern portfolio theory,\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/equitymultiple.com\/blog\/modern-portfolio-theory\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">private equity real estate belongs in your portfolio<\/span><\/a><span data-preserver-spaces=\"true\">. In fact, he points to data that shows it actually\u00a0<\/span><em><span data-preserver-spaces=\"true\">boosts\u00a0<\/span><\/em><span data-preserver-spaces=\"true\">your risk-adjusted returns.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">I couldn\u2019t agree more\u2014which is why I invest in private real estate through many channels and along many timelines.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">These investments serve different purposes in my\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/building-scaling-real-estate-portfolio\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">portfolio<\/span><\/a><span data-preserver-spaces=\"true\">. Some generate instant and ongoing income, others offer liquidity, and still others offer high long-term growth. The equity investments also provide me with\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/real-estate-taxes-deductions\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">tax deductions and depreciation<\/span><\/a><span data-preserver-spaces=\"true\">.\u00a0<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Short-Term Real Estate Investments<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Contrary to popular belief, you do have options for short-term real estate investments beyond\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/why-reits-are-not-the-most-effective-investments\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">public REITs<\/span><\/a><span data-preserver-spaces=\"true\">. These investment choices don\u2019t come with the same volatility or\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/reits-vs-stocks-what-makes-sense-for-diversification\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">correlation to stock markets<\/span><\/a><span data-preserver-spaces=\"true\">.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The following real estate investments typically let you access your money within a year. Use them for immediate income, liquidity (in some cases), and diversification.<\/span><\/p>\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Real estate notes<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Some real estate-related notes repay in a year or sooner. EquityMultiple offers some, as do\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/7einvestments.com\/\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">7e Investments<\/span><\/a><span data-preserver-spaces=\"true\">,\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/noradacapital.com\/\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">Norada Capital<\/span><\/a><span data-preserver-spaces=\"true\">, and others. They may or may not allow non-accredited investors or be backed by real estate deeds or liens, but you have plenty of options.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Earlier this year, in fact, our Co-Investing Club invested in a nine-month note with Norada at 15% interest. So far, it\u2019s paid us monthly interest like clockwork (not that I\u2019m endorsing any specific investment; just sharing our experience).\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">But you don\u2019t have to go through a company. If you know any real estate investors personally, you can always offer to lend them private notes as well.\u00a0<\/span><\/p>\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Groundfloor notes<\/span><\/h3>\n<p><a class=\"editor-rtfLink\" href=\"https:\/\/www.groundfloor.us\/\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">Groundfloor<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0deserves its own subsection, given how accessible it is. It allows non-accredited investors to participate, and many of their notes allow a relatively low minimum of $1,000. Note terms range from one month to two years.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">I\u2019ve personally invested in Groundfloor notes, and they\u2019ve always repaid my interest and principal on time.\u00a0<\/span><\/p>\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Concreit fund<\/span><\/h3>\n<p><a class=\"editor-rtfLink\" href=\"https:\/\/www.concreit.com\/\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">Concreit<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0follows a similar model, letting you invest in a pooled fund of secured property notes.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The difference? You can invest as little as $1, and you can withdraw your money at any time.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Those advantages come with an equal and opposite downside: Concreit pays lower interest than the other options outlined here, currently 6.5%. If you withdraw funds in under a year, they also ding your earned interest by 20% but don\u2019t penalize your principal.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">I like using Concreit as a high-yield holding account for funds slated for longer-term real estate investments. For example, if I know I want to invest $5,000 in a real estate syndication through our investment club but don\u2019t know when I\u2019ll need it, I might stash it in Concreit and earn interest on it in the meantime.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Concreit also adds another layer to my emergency fund. I can\u2019t access it as quickly as a savings account, but it still offers fast access in a pinch.\u00a0<\/span><\/p>\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Ark7 property shares<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">While smaller than its competitors,\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.ark7.com\/\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">Ark7<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0offers something those bigger competitors don\u2019t: a secondary market for selling fractional property shares at any time.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Well, almost any time. They do impose a one-year hold period. But that still qualifies as a short-term investment. You can buy shares in a single-family rental property without the long-term commitment, enjoy the rental cash flow, and sell any time after the first year.\u00a0<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Medium-Term Real Estate Investments<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Investors have fewer options for medium-term investments between one and three years, but they let you plan for the not-too-distant future without locking your money up indefinitely.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">All the short-term investments mentioned here can, of course, be held longer than a year. That goes for Ark7 property shares and Concreit fund shares, and of course, some real estate notes offer terms in the one-to-three-year range.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Consider these options if you don\u2019t want to lock up your money into the mists of time but don\u2019t mind committing to a couple of years. With these medium-term investments, you can start taking advantage of equity tax benefits,\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/how-to-generate-infinite-returns-in-real-estate\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">infinite returns<\/span><\/a><span data-preserver-spaces=\"true\">, faster velocity of money, and, of course, cash flow.\u00a0<\/span><\/p>\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Shorter real estate syndications<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Most\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/ultimate-guide-to-real-estate-syndication\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">real estate syndications<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0make it very clear that you should expect to leave your money locked up for five years or longer. That\u2019s most\u2014but not all.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Some sponsors plan on faster turnaround times, perhaps because their business plan doesn\u2019t require as much value add, or they have teams that can move fast. In some cases, they might be stepping into a deal midway through unit renovations and simply need to complete an existing business plan.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">We invested in such a deal not long ago in our Co-Investing Club. The seller was in their 90s and had been renovating units and successfully turning them for high markups. But their health gave way before they could finish executing the plan.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The new sponsor stepped in to finish the job and plans to sell the property within 18 months. In the meantime, the property cash flows well and will pay distributions.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Another sponsor our club just invested with told me candidly: \u201cWe underwrote this deal conservatively, telling everyone we plan to refinance and return capital in three years. But we actually expect that to happen between 18 and 24 months from now. We know we can finish the value-add before then because we\u2019ve already done it at two similar properties down the street. We just haven\u2019t marketed the deal that way because no one would believe us.\u201d<\/span><\/p>\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Groundfloor LROs<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Groundfloor made its name letting retail investors put money toward individual hard money loans. They call these LROs, short for limited recourse obligations.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">These loans sit in first lien position, and if the borrower defaults, Groundfloor forecloses to recover your money. While many of these repay in four to 12 months, you don\u2019t control when you get your money back\u2014it\u2019s based on when the borrower repays the debt. So you have to accept that some of these may not repay you for a year or two.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Over the course of Groundfloor\u2019s history, these have performed with remarkable consistency, averaging 9.5% to 10% per year. I invest $10 to $30 apiece in these, spreading my money among thousands of loans. Some repay on time. Some repay in full but late, and others default and repay later with some loss of principal. Averaged together, I still come out in that 9% to 10% range of returns.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">I\u2019ve now invested in so many that every week, some of these repay for consistent passive income. I consider these an income and diversification play.\u00a0<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Long-Term Real Estate Investments<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Real estate is a notoriously illiquid investment, which makes most real estate investments long-term.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">I used to buy rental properties directly, and they certainly qualify as long-term investments. It costs thousands of dollars to buy and tens of thousands to sell even a modest property, and it takes years of appreciation to break even.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Today, I only invest passively in real estate. I don\u2019t have the free time or patience to put up with\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/2015-02-09-7-types-tenants-major-landlord-headaches\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">landlord headaches<\/span><\/a><span data-preserver-spaces=\"true\">.\u00a0<\/span><\/p>\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Real estate syndications<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Instead of rental properties, I primarily invest in real estate syndications. I buy a fractional interest in a large property rather than the entire ownership of a small one.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">That leaves someone else to hassle with lenders, contractors, tenants, property managers, city inspectors, and the like. I just sit back and collect the cash flow, appreciation, and tax benefits.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In our Co-Investing Club, we typically review deals targeting 15% to 30% annual returns. Some are more income-oriented, paying high distributions almost immediately. Others are more growth-oriented, with big payouts slated at the sale or refinance.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">By investing as a group, we can each invest small amounts, and sometimes we can negotiate higher return splits than solo investors get. I might only invest $5,000 personally, but I get the preferential returns of a $500,000 minimum investment.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Today, it\u2019s the bread and butter of how I invest in real estate, which is my core strategy for\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/financial-independence-savings-rate\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">reaching financial independence<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0within the next few years.\u00a0<\/span><\/p>\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Fundrise<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">The last year has not been kind to\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/fundrise.com\/\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">Fundrise<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0investments, but then again, it hasn\u2019t been kind to many real estate investments.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">I have some money invested in Fundrise for diversification. But I no longer invest new money with them, as I feel more confident in the other real estate investments outlined here. I also don\u2019t like that they penalize you if you withdraw money in under five years, although it\u2019s a lower penalty than most of their competitors.\u00a0<\/span><\/p>\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Arrived property shares<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">I\u2019ve bought shares in a handful of properties on\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/arrived.com\/\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">Arrived<\/span><\/a><span data-preserver-spaces=\"true\">, mostly as an experiment. I like the low minimum investment per property ($100), but I don\u2019t like the lack of liquidity and long time horizon (five to seven years).\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">To be fair, Arrived just launched a fund with the same minimum investment and a redemption option to sell shares. It comes with a minimum six-month holding period, a 2% penalty for selling between six and 12 months of buying, and a 1% penalty for selling between one and five years of buying.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Again, I no longer actively buy property shares on Arrived, but that\u2019s simply because I\u2019d rather invest in syndications for my long-term investments.\u00a0<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">A Portfolio for Financial Independence<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">I invest in stocks for\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/real-estate-vs-stocks-performance\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">long-term growth<\/span><\/a><span data-preserver-spaces=\"true\">, liquidity, and ease of diversification. Plus, stocks offer easy investing in tax-advantaged accounts such as IRAs without needing to hassle or pay for a self-directed IRA custodian.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">I invest in real estate for both income and longer-term growth. Real estate also comes with enormous tax advantages baked in without needing help from tax-sheltered accounts. Best of all, it achieves all this while reducing risk in my portfolio, as real estate has less volatility than stocks and adds the diversification of a low-correlation asset class.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">If you wanted to, you could invest only in short- and\/or medium-term real estate investments. And if you\u2019re new to real estate investing and cautious about it, start small with short-term investments.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">I don\u2019t worry about the lack of liquidity in my medium- and long-term investments because I can access my short-term investments in a pinch. Each of these investments I\u2019ve discussed plays a role, whether it\u2019s the liquidity of Concreit, or the income of my note investments, or the growth and tax benefits of my private equity real estate investments.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As a small business owner, my active income fluctuates wildly. The passive income and growth of my investments help stabilize my finances and provide peace of mind. I can sleep at night knowing that every month brings me closer to financial independence, regardless of the monthly income from my business.\u00a0<\/span><\/p>\n<div id=\"visibility-group-block_64dd561cede13\" class=\"visibility-group  hidden\">\n<div id=\"hero-block_62df1a82bfc88\" class=\"first:mt-0 hero-block py-4    has-background has-slate-200-background-color has-text-color has-theme-gold-color\">\n<div class=\"gap-10 lg:gap-20 flex flex-wrap lg:flex-nowrap max-w-screen-xl mx-auto px-4 relative lg:items-center \">\n<div class=\"relative z-30 lg:w-1\/2 \">\n<main class=\"py-4\"><\/p>\n<p class=\"has-slate-800-color has-text-color has-large-font-size\" style=\"font-style:normal;font-weight:800\">Find an Agent in Minutes<\/p>\n<p class=\"my-3 md:my-5 lg:my-8 has-slate-900-color has-text-color\" style=\"font-size:18px\">Match with an investor-friendly agent who can help you find, analyze, and close your next deal.<\/p>\n<p><\/main>\n<\/div>\n<div class=\"lg:w-1\/2 first:mt-0 relative h-full lg:flex lg:items-center\">\n<img decoding=\"async\" class=\"object-cover w-full relative z-20 my-0  rounded-md hidden lg:block\" src=\"https:\/\/bpimg.biggerpockets.com\/https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/08\/Agent-Finder-Block-2.png\" alt=\"find an investment-friendly real estate agent\" title=\"Every Strategy I Used To Build My Portfolio for Financial Independence 2\"\/>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-group__inner-container\">\n<div id=\"visibility-group-block_64dd31c79f00f\" class=\"visibility-group  \">\n<div id=\"hero-block_64dd2875dba9d\" class=\"first:mt-0 hero-block py-4    has-background has-slate-100-background-color has-text-color has-theme-slate-color\">\n<div class=\" flex flex-wrap lg:flex-nowrap max-w-screen-xl mx-auto px-4 relative lg:items-center \">\n<div class=\"relative z-30 w-full \">\n<main class=\"py-4\"><\/p>\n<p class=\"my-3 md:my-5 lg:my-8 has-theme-slate-color has-text-color\" style=\"font-size:16px;font-style:normal;font-weight:400\">Ready to succeed in real estate investing? Create a free BiggerPockets account to learn about investment strategies; ask questions and get answers from our community of +2 million members; connect with investor-friendly agents; and so much more. <\/p>\n<p><\/main>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"italic\"><b>Note By BiggerPockets:<\/b> These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.<\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.biggerpockets.com\/blog\/gaining-financial-freedom-using-long-and-short-term-rentals\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this article You may not be familiar with modern portfolio theory, but you probably know its core tenet: Investors should diversify among uncorrelated assets to maximize returns while minimizing risk.\u00a0 Soren Godbersen at EquityMultiple makes a strong case that if you subscribe to modern portfolio theory,\u00a0private equity real estate belongs in your portfolio. In [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":10238,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/12\/financial-freedom-2-1024x517.jpg","fifu_image_alt":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-10237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/10237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/comments?post=10237"}],"version-history":[{"count":1,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/10237\/revisions"}],"predecessor-version":[{"id":10239,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/10237\/revisions\/10239"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media\/10238"}],"wp:attachment":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media?parent=10237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/categories?post=10237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/tags?post=10237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}